Muscat, The production of standard grade petrol

(M-91) by Omani refineries increased by 44% to touch 14.9 million

barrels till the end of December 2018, over the same period of last

year. However, the output of super grade petrol (M-95) declined by

16% to 12.1 million barrels during January-December period of this

year, according to data released by the National Centre for Statistics

and Information (NCSI).

The surge in production of standard grade petrol over super grade

petrol was supported by a significant growth in demand. The Sultanate

has two refineries � Mina Al Fahal (Muscat) and Sohar Refinery, which

are owned by Oman Oil Refineries and Petroleum Industries Company

(Orpic).

The NCSI report also showed that gas oil (diesel) output rose by

21% to 30.3 million barrels, while aviation fuel production jumped by

82% to 13.3 million barrels during the 12-month period of 2018, over

the same period of the previous year. Production of liquefied petroleum

gas (LPG) also rose by 19% to 7.2 million barrels during the period

under review.

Of the total production of M-91 grade petrol (which is the cheapest

petrol available in the market), 11.9 million barrels were sold in the

domestic market.

However, domestic sales of M-95 grade petrol fell by 26% to reach

11.4 million barrels, while sales of gas oil (diesel) within the country

stood steady at 15.7 million barrels during the 12-month period of

2018. Domestic sales of aviation fuel oil fell by 2% to reach at 4.7

million barrels, while LPG sales within the country rose 9% to 2.5

million barrels during January-December period of 2018.

As far as petrochemicals are concerned, production of polypropylene

by Orpic in 2018 fell by 4% to 258 thousand metric tons, while output

of paraxylene and benzene rose by 6% and 1% to 691 thousand metric

tons and 244 thousand metric tons, respectively.

Further, Omani refineries exported 234 thousand metric tons of

benzene during the first 12 months of 2018, while exports of

paraxylene and polypropylene stood at 664 thousand metric tons and

206 thousand metric tons, respectively.

Source: Oman News Agency